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May 9, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Machine Shops Loan | ||||
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We Needed a Business Loan in Conneaut Lake, Pennsylvania and We Got One!
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Raising Money for Machine ShopsLooking for business loans for machine shops? The SBA may be the answer. This $813,500 machine shops loan was issued by a Missouri bank. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ge Cap. Small Business Finan Corp, out of St. Louis, Missouri. The loan was granted and they received $813,500 to help grow their Conneaut Lake, Pennsylvania business. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This business loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332710 - Machine Shops Loan Approval Date 6/6/2001 Loan Approval Gross Amount $813,500 Loan Approval from the SBA Of the total $813,500 loan amount, the SBA guaranteed $610,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Where to Get an SBA Loan in St. Louis, Missouri Getting an SBA Loan in Missouri
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